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Newspaper
Baytown Sun
Location
Baytown, Texas, United States of America
Date
Oct 07, 1960
Page
2
Elmer Freaker, administrator, announced the society now owns its oil well after negotiations with British American Oil, Philadelphia Petroleum, and Harrietwell’s former aunt. The depleted site will become a historical sight on the society grounds.
The piece notes a broad reversal in American saving behavior with rising savings bond sales and renewed interest in stocks as inflation hedges. It highlights higher denomination bond gains, a 13 percent rise in September savings bonds, and sophisticated investors shifting toward bonds due to yields comparable to Treasury issues.
The week ahead offers major TV events from the World Series and a JFK Nixon debate to ABC NBC and CBS specials. Network schedules include political profiles, dramatic adaptations, and variety programs with prominent actors and hosts in a jam packed lineup.
Cape Canaveral AP report on a Redstone missile flight praised as successful with a 20 mile downrange arc. Officials said the test stage performed perfectly and resembles a potential early 1961 Mercury mission profile. A modified Redstone sits ready near the launch area as weeks away plan an unmanned Mercury test to 125 miles high and 29 miles downrange.
Dallas leaders from East Texas and across the state urged a wide tax plan to close Texas finances gaps. McFaddin argued a 2 percent general retail sales tax could raise over 200 million annually, with a sales tax seen as more palatable than an income tax. The group plans a formal proposal for the January legislature.
A wide Reuters AP analysis suggests Premier Khrushchev could be acting under orders from Moscow as he confronts questions about leadership, control, and strategy. It notes his UN behavior, shifts in Middle East influence, and potential clashes with Chinese leadership while probing whether subordinates run the show at home.
James D. Griffith of Mont Belvieu will exhibit a scramble calf he won last year at the Trinity Valley Exposition in Liberty, October 12 to 15. Other Anahuac, Winnie Stowell, and Barbers Hill youths with livestock entries include Paul Trant, Amie Frazer, David Harrison, Ronald Lee Murrell, Don Leger, Nelson Menard Jr., Bobby Edwards, Kit Jones, Morvyne LaVergne, Jim Fitzgerald, Tommy Mysell, Jackie Fontento, Ronnie Sherman, Jack Sullivan, Willie Lee King, Robert McNulty, Emory King, Jerry Ray King, Jimmy Hampton, Bobby Blanchard, Doug las Sullivan, Louis Worchesik, Jim iy Sullivan, Charles Roy, Vernon Parker, Jimmy Eat Burts, Gary Troxell, and Willard Bart Steadham.
Brig. Gen. Clifton F. von Kamm, speaking in San Antonio at the Army Aviation Conference, warned that supersonic Air Force jets cannot strafe or bomb small targets. He projected hundreds of millions in spending over 10 years to buy aircraft to perform tasks Air Force jets cannot, and said the Army will replace most of its 6,490 aircraft in the next 16 years as the current fleet grows old. He saw no expected clash with the Air Force over aviation expansion.
In New Orleans opponents of the Toledo Bend Dam and Reservoir on the Sabine River were charged with issuing propaganda and false facts. State Rep. C. R. Ammons said Louisiana Forestry Association and local lumber firms were distributing misleading material to derail the plan. The Sabine River Authority and Toledo Development Association discussed a constitutional amendment to authorize a 15.5 million loan, with Texas to match Louisiana. The 63 mile project would run half in each state. Washington leads in per capita electric lights.
Arizona Senator Barry Goldwater travels aggressively for Nixon Lodge, delivering 61 speeches in 17 states, including 48 outside Arizona. He boasts a heavy day in October across South Carolina and Georgia, barnstorming through Texas and Virginia, urging a two party system and supporting Nixon despite past criticisms.
Many early Greek and Roman coins bear rulers or town monograms, marking origin and authority. The practice links currency to governance, showcasing minted identifiers on ancient metal.
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